EXHIBIT 10.1

                             THE QUIGLEY CORPORATION

                                STOCK OPTION PLAN
                                       FOR
                CONSULTANTS, ADVISORS AND NON-EMPLOYEE DIRECTORS

         The securities  issued  pursuant to this Plan have not been  registered
pursuant to the  Securities  Act of 1933,  as  amended.  The  securities  may be
offered or sold only pursuant to (i) a Registration  Statement  pursuant to such
Act,  including  a  Registration  Statement  on Form S-8,  or (ii) an opinion of
counsel,  satisfactory  to the  Company,  that an  exemption  from  registration
pursuant to such Act is available.

         1.  PURPOSE.   The  purpose  of  this  Plan  is  to  secure  long  term
relationships for The Quigley  Corporation,  and thereby afford its stockholders
the benefits arising from capital stock ownership by the Company's  Consultants,
Advisors, and Non-Employee  Directors,  who can help in the company's growth and
success and to provide an effective means of  compensation  for such persons and
entities providing services to the Company in lieu of cash payments therefor.

         2.  ADMINISTRATION.  The Plan shall be  administered by a "Compensation
Committee"  which shall  consist of not less than two members  appointed  by the
Board of Directors,  but who need not be members of such Board,  and all of whom
shall be disinterested  persons.  The term  "disinterested  person" shall mean a
person who, at the time he or she  exercises  discretion  in  administering  the
Plan,  has not at any time one year  prior  thereto  has been  issued  shares of
Common Stock  pursuant to exercise of Options  granted under the Plan. The Board
of Directors  may from time to time and in its sold  discretion  remove  members
from or add members to the Committee. Vacancies, however caused, shall be filled
by the  Board  of  Directors.  The  Committee  may act at a  meeting,  including
telephonically,  in which a majority  are  present,  or by written  consent of a
majority of the  Committee.  The Committee  shall have the authority to construe
and  interpret  the  Plan,  to define  the terms  used  herein,  and to  review,
deliberate  and act upon the  written  recommendations  of the  Chief  Executive
Officer of the Company  with  respect to shares of Common  Stock  proposed to be
issued pursuant to the Plan. All determinations and interpretations  made by the
Committee shall be binding and conclusive upon all  participants in the Plan and
on their legal  representatives  and  beneficiaries.  The  initial  Compensation
Committee shall consist of Mr. Guy Quigley and Mr. Charles  Phillips,  Directors
of the Company.

         3.   ELIGIBILITY   AND   PARTICIPATION.   Consultants,   Advisors   and
Non-Employee Directors,  to the Company, or any of its subsidiary  corporations,
shall be eligible for participation in the Plan. Each person or entity acquiring
shares of Common Stock  pursuant to exercise of Options  granted  under the Plan
shall be acquiring  such shares for  investment  purposes  only, in lieu of cash
compensation for services rendered to the Company, and at such exercise price(s)
as shall be  determined  by the  Compensation  Committee at time of grant.  Such
shares issuable upon exercise of any Option shall be issued only upon opinion of
counsel that an exemption  from  registration  pursuant to the Securities Act of
1933, as amended, is available

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for such issuance. The Company may, but is not required to, register such shares
for public sale pursuant to the Act, including but not limited to a Registration
on Form S-8.

         4.  SHARES  SUBJECT TO PLAN.  Subject to  modification  by the Board of
Directors in accordance with the By-Laws of the Company,  the stock to be issued
pursuant to Options granted pursuant to this Plan shall be limited to 15,000,000
shares of Common  Stock  ($.0001  par value),  which  number of shares have been
reserved for issuance in accordance  with the terms of this Plan by prior action
of the Board.

         5.  ADJUSTMENTS.  If the outstanding  shares of the Common Stock of the
Company are increased,  decreased,  or changed into or exchanged for a different
number or kind of shares or securities of the Company,  through  reorganization,
recapitalization,  reclassification,  stock  split or reverse  stock  split,  an
appropriate and proportionate adjustment shall be made in the maximum number and
kind of shares authorized to be issued pursuant to this Plan.

         6. ASSIGNMENT OR TRANSFER OF OPTIONS.  Options granted  pursuant to the
Plan may not be transferred by the Option  grantee  without the express  written
consent of the Compensation  Committee,  except that an Option grantee shall not
be required to obtain  such  consent for  transfer or sale of such Option to any
member of the  Option  grantee's  immediate  family,  including  a  transfer  by
operation of law, or a transfer or sale to a corporation or partnership of which
the Option grantee holds at least a 25% interest at the time of such transfer or
sale.

         7.  AMENDMENT AND  TERMINATION  OF PLAN.  The Board of Directors of the
Company may at any time, by appropriate  action,  suspend or terminate the Plan,
or amend the terms and conditions of the Plan.

         8.  INDEMNIFICATION  OF COMMITTEE.  In addition to such other rights of
indemnification as they may have as directors of the Company, the members of the
Committee  shall be indemnified  by the Company to the full extent  permitted by
the Business  Corporation Law of the State of Nevada,  and to indemnify and hold
harmless  each member with respect to any action,  claim,  suit or proceeding to
which such indemnification applies, including the costs and expenses of defense.

         9.  APPLICABLE  LAW.  The terms and  conditions  of this Plan,  and all
proceedings  related  thereto,  shall be interpreted and construed in accordance
with the Laws of the Commonwealth of Pennsylvania.  Sole  jurisdiction and venue
for any action or proceeding  arising in  connection  with the Plan shall reside
with the appropriate  court of the Commonwealth of Pennsylvania  held in and for
the County of Bucks.

         10. EFFECTIVE DATE. The Plan shall be come effective as of the 15th day
of November,  1994, and shall expire of the 14th day of November,  1999,  unless
further extended by appropriate action of the Board of Directors.


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